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lundi 28 septembre 2009

The Precepts of Being A Serious Entrepreneur

By Art Basmajian

If you are ready to be one of the successful and serious entrepreneur online, there's one thing that you should be ready to invest, and that is the time to do the work this industry will demand from you.

Each business venture should come with a master plan - that it's true enough. But if you have the best plan ever made with the most creative and innovative solutions for the problems of today's market, it would not mean much if you do not have time to implement it. This is related to another reason why many entrepreneurs fail to get their businesses up. It's because they spend too much time attempting to come up with the ideal business plan, but not particularly doing anything to apply the plan.

The online Community and the major entrepreneur

The web has opened many doors and opportunities for business ventures, and in better times, too, when company jobs were safer and worth the pain of working for some other person.

Dabbling around and flitting in and out of your internet enterprise venture was simply a 'hobby', or something to do in your spare time to make an extra buck. With the way in which the economy is going and with the certainty of your job on the line, it could be time to take your online business a touch more seriously.

One can disagree that their online business hasn't given them the same amount of money that a regular paycheck has. But when you start this discussion, try to be fair. Have you spent the same amount of time on it as you've got your 'day job'?

Why you should go browsing

Online businesses are the only types of businesses these days that are surviving the typhoons of the economy, and the reason is that it has effectively rid itself of many of the reasons for business mess ups in the real world. The innovativeness, dynamism, and flexibility of the net market extend not only to the major entrepreneur, but his target audience, too. It's become the apex of cost-efficiency that even small players have an opportunity of making it huge.

What you do not want to become a serious entrepreneur for a web business venture is a large 1st capital investment. If you're prepared to build from the bottom up, all you actually need to start a Web business, to reiterate, is TIME. The favored saying is that Rome was not built in a day, and neither will your business. Many people can truthfully claim that they have made a large amount of money in a day, but you have to think about that they didn't build the firms that made them that amount of money in a day.

Patience and endurance

When Thomas Edison was making the light bulb, he did not create it the first time the concept came to his head, nor the second. But he succeeded in ultimately inventing it by trying repeatedly again and never accepting defeat. Hence, his famous quote: "I have not failed, I've only found one of the 10,000 methods that it won't work."

If you want to be a serious entrepreneur, this is the kind of perspective that you must have. It's also OK to use another famous line when you do not succeed the 1st time, and that is to 'go back to the drawing room.' Changing tactics and secrets are fine, but never lose focus. If you have chosen your destination, always choose the paths which will take you there. The sole way to be a serious entrepreneur is to think, act, and work like one.

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